How to Calculate Your Salary Raise as a Percentage
You got a raise — congratulations. Then comes the question: how big is it, really? A $3,000 raise on a $90,000 salary (3.3%) versus a $40,000 salary (7.5%) — the dollar amount only tells half the story. The percentage tells you the rest. The Formula Raise percentage = (raise amount ÷ old salary) × 100 … Read more